Analysis News Ticketmaster hit by ‘billions’ of bots in Oasis ticket sale, and 3 other things Michael Rapino said at Bloomberg’s Screentime event The Live Nation CEO criticized scalpers saying there shouldn't be "a middleman that has nothing invested in the business making any money from it."
Analysis News Latin Music generated $685m in US recorded music revenues in the first half of 2024 – up 7% YoY The Recording Industry Association of America (RIAA) has published its mid-year 2024 Latin Music Revenue Report
Analysis News ‘Works for hire’? Jury trial to decide if 2 Live Crew’s members, heirs have any right to its music 2 Live Crew's members and their heirs are fighting to take back the recording copyrights on the 1980s rap band's music
News Universal Music sues Chili’s restaurant chain owner over alleged copyright infringement in social media ads The restaurant chain's owner Brinker reported $4.42 billion in revenue for the fiscal year ended June 26, 2024
News In key markets outside the US, TikTok’s revenues soared 75% to $4.6bn last year, but losses widened amid $1bn in legal costs TikTok's massive increase in European, LatAm and African revenue was more than offset by a sharp spike in expenses
News Sony Music settles lawsuit against Marriott Hotels over alleged ‘rampant’ infringement in social media posts Sony and Marriott asked that the case be dismissed “with prejudice,” meaning it can’t be refiled
News Beatdapp joins forces with Tuned Global to tackle streaming fraud in music apps The partnership aims to protect Tuned Global clients from fraud, while giving Beatdapp access to new data
News Limp Bizkit’s Fred Durst sues Universal for $200m over alleged unpaid royalties (report) Durst's complaint alleges he was never paid royalties, despite the major commercial success of Limp Bizkit's early albums
News Armada’s $100m BEAT Music Fund continues buying spree with acquisitions from Kevin Saunderson, Markus Schulz, Robbie Rivera The "world's first dance music investment company" aims to make $500 million in acquisitions in five years
Analysis News The Kid LAROI is the latest superstar artist to join HYBE’s Weverse fan platform The HYBE-owned fan platform continues to expand its roster of non-K-pop acts
News After raising $50m for its US IPO in 2021, Kuke gets sued by classical music group Naxos for alleged $1.8m in missed payments Naxos says Kuke made regular payments until December 2021, and then the payments stopped
News Free streaming app Musi sues Apple over removal from App Store The legality of Canadian-born Musi has been an issue ever since it was launched a decade ago
Analysis News From TikTok Music’s shutdown to Atlantic Music Group’s new leadership team… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Swiss court launches bankruptcy proceedings against Proper Group, formerly Utopia Music The embattled company says it was unaware of legal proceedings brought against it, and missed a court hearing
News Major music companies send letter to Canada’s CRTC, urging it not to regulate streaming as if it were radio Streaming services will be required to pay 5% of their Canadian revenue to support local content, including radio stations